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Abbott's Solvay Pharma Buy More Salve Than Cure

Executive Summary

Abbott Laboratories announced plans to acquire Solvay's pharmaceutical business for $6.6 billion Sept. 28, a strategic maneuver that seems as much about adding revenues to Abbott's top-line as addressing long-term challenges in the pharmaceutical pipeline

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To Russia, With Love: Selecta, BIND To Create Subsidiaries In Financing Deals With Rusnano

The U.S. biotechs, which are independent but share founders and investors, raise a combined $94.5 million from the Russian sovereign fund and U.S. venture firms.

To Russia, With Love: Selecta, BIND To Create Subsidiaries In Financing Deals With Rusnano

Selecta Biosciences Inc. and BIND Biosciences Inc., two Boston-based -- and heretofore low-profile -- young biotechs, have raised a combined $94.5 million from a mix of equity financings and strategic alliances with one of the world's largest investment funds dedicated to nanotechnology, Rusnano, and other investors

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